Inquirer
MANILA, Philippines — More than eight million customers of Manila Electric Co. (Meralco) can expect a relief in their power bills starting next month, as regulators ordered the utility firm to hasten the implementation of P14.17 billion remaining refund. This is as the Energy Regulatory Commission (ERC) seeks to cushion the impact of the Middle East chaos on electricity generation costs. READ: Stocks fall, oil climbs amid uncertainty over US-Iran talks Based on a document posted on its website, the commission said it directed the Pangilinan-led firm to implement the remaining P14.17 billion in refund out of P19.96 billion over 12 […]... Keep on reading: Meralco ordered to hasten rollout of P14B remaining refund
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